Technology Report: New Windows phones from Nokia disappoint investors

	Click to View in Browser 09/5/2012 New Windows phones from Nokia disappoint investors HELSINKI/NEW YORK (Reuters) - Nokia and Microsoft Corp took the wraps off their most powerful smartphone on Wednesday, but the new Lumia failed to impress investors, and shares of Nokia, which once dominated the cellphone market, plummeted 13 percent. Motorola unveils three phones for Verizon Wireless NEW YORK (Reuters) - Google Inc's Motorola Mobility unveiled three smartphones to help compete with bigger rivals Apple Inc and Samsung Electronics Co for the holiday shopping season. Amazon to launch new weapon in tablet battle SAN FRANCISCO (Reuters) - Amazon.com Inc is expected to launch a new tablet on Thursday, the latest salvo in a battle for control of mobile access to the Internet. Facebook rules out share sale to cover tax bill SAN FRANCISCO (Reuters) - Facebook Inc promised not to sell stock to cover a nearly $2 billion tax bill and said it will allow employees to cash in their stock weeks ahead of schedule, moving to soothe nervous investors and its own staff as its share price spirals downward. China's Lenovo to buy Brazilian electronics company CCE SAO PAULO/HONG KONG (Reuters) - China's Lenovo Group Ltd agreed on Wednesday to buy Brazilian electronics maker CCE, as the world's No. 2 PC maker by sales looks toward Brazil's promising consumer market to revive its slowing profit growth. Sweden tops Berners-Lee Internet index LONDON (Reuters) - Sweden is the most effective at using the Internet to improve people's lives, ahead of the United States and Britain, according to a global survey launched by Tim Berners-Lee, the inventor of the World Wide Web. Alcatel board to tackle restructuring next week: sources NEW YORK/PARIS (Reuters) - Alcatel-Lucent will hash out details of its latest restructuring plan at a board meeting expected next week, three sources close to the matter said, after a loss-making quarter exposed the telecom equipment maker's perennial fragility. Online sharing, information overload is worldwide problem: poll NEW YORK (Reuters) - The languages and the cultures are different, but the pet peeves of mobile technology users around the globe are the same, with most people annoyed by receiving too much information, according to a poll released on Wednesday. Lenovo shares slump more than 8 percent after Japan's NEC exits HONG KONG (Reuters) - Shares of PC maker Lenovo Group Ltd dropped as much as 8.1 percent on Wednesday after Japan's cash-strapped NEC Corp sold its entire stake in the company in a deal worth 18 billion yen ($229.62 million). Apple sets September 12 event, latest iPhone expected SAN FRANCISCO (Reuters) - Apple Inc distributed invitations to an event in San Francisco on September 12, setting the stage for what is widely expected to be the release of the iPhone 5. Related Video Massive solar flare delivers Earth a glancing blow New blood test offers safer alternative for detecting Down's Mediafile John C Abell Apple and the burden of being a behemoth A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today   The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today   » MORE NEWSLETTERS - 3 Times Square New York, NY 10036 USA © Copyright 2010 Thomson Reuters Ensure delivery of Reuters Newsmails, add mail@nl.reuters.com to your address book. Details Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook Forward to a friend